Silver and Gold prices remain unchanged in early trade

5 Jul 2022 , 09:09 AM

Early trade on Tuesday shows little change in the price of gold or silver, with 10 grams of 24-carat yellow metal selling for Rs 52,340. While ten grams of 22-carat gold are being offered for Rs 48,000.

Silver prices, on the other hand, were steady on Tuesday, with one kilogram of the precious metal selling at Rs 57,800, the same price as the day before.

On Tuesday, gold prices in the US fell marginally as a result of a strengthening currency and a rise in Treasury rates from their one-month lows reached last week. The price of 10 grams of 24-carat gold is Rs 52,340 in Delhi, Mumbai, and Kolkata. On the other side, Delhi, Mumbai, and Kolkata are offering ten grams of 22-carat gold for Rs 48,000.

A 10-gram piece of 24-carat gold is now selling for Rs 52,480 in Chennai and Bengaluru. 10 grams of 22-carat gold are now selling for Rs 48,100 and Rs 48,000, respectively, in Chennai and Bengaluru.

In Delhi, Mumbai, and Kolkata, one kilogram of silver costs Rs 57,800. The price of 1 kilogram of silver in Chennai, Bengaluru, and Hyderabad is Rs 64,000. As of 0101 GMT, spot gold was down 0.1 percent at $1,807.93 per ounce. American gold futures increased by 0.4% to $1,808.50.